In a Recommendation Letter, Nathan Falsely Accuses Former Employee Caroline

question 109

Multiple Choice

In a recommendation letter, Nathan falsely accuses former employee Caroline of treating her supervisor disrespectfully.This action is considered to be

• A) slander.
• B) libel.
• C) a little white lie.
• D) legitimate.

---

Definitions:

Elastic Demand

Characterizes a market situation where demand for a product significantly changes in response to a change in the product's price.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision or choosing to utilize resources in one way instead of another.

Lower Incomes

Earnings that fall below the median level of national income, often associated with reduced purchasing power and economic opportunities.

Direct Price Discrimination

The practice of charging different prices to different consumers for the same good or service, based directly on the willingness of each customer to pay.